Bilibili Inc. (NASDAQ: BILI) is -9.24% lower on its value in year-to-date trading and has touched a low of $8.23 and a high of $35.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BILI stock was last observed hovering at around $21.10 in the last trading session, with the day’s gains setting it 0.4% off its average median price target of $185.14 for the next 12 months. It is also 92.22% off the consensus price target high of $276.33 offered by 46 analysts, but current levels are 76.92% higher than the price target low of $93.17 for the same period.
Currently trading at $21.50, the stock is 1.58% and -10.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.76 million and changing 1.90% at the moment leaves the stock 1.35% off its SMA200. BILI registered 13.04% gain for a year compared to 6-month gain of 6.70%.
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The stock witnessed a -0.56% loss in the last 1 month and extending the period to 3 months gives it a -15.39%, and is 4.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.39% over the week and 5.70% over the month.
Bilibili Inc. (BILI) has around 12281 employees, a market worth around $8.32B and $3.15B in sales. Profit margin for the company is -34.20%. Distance from 52-week low is 161.24% and -38.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-23.40%).
Bilibili Inc. (BILI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Bilibili Inc. (BILI) is a “Overweight”. 46 analysts offering their recommendations for the stock have an average rating of 1.90, where 9 rate it as a Hold and 4 think it is a “Overweight”. 31 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Bilibili Inc. is expected to release its quarterly report on 05/23/2023.The EPS is expected to shrink by -6.20% this year.
Bilibili Inc. (BILI) Top Institutional Holders
The shares outstanding are 396.08M, and float is at 315.82M with Short Float at 7.20%.